LanzaTech, LCY Partner to Produce Biobased Chemicals

10:47 AM MDT | April 6, 2011 | Rebecca Coons

Clean energy technology company LanzaTech (Auckland, New Zealand) says it is partnering with LCY Chemical (Taipei) to produce biobased chemicals. Under the terms of the deal, LCY will fund the construction of production plants using LanzaTech’s gas fermentation technology. LCY plans to use biobased C2-C5 feedstock to produce thermoplastic elastomers, polypropylene, solvents, and methanoll derivatives. Financial terms were not...